http://www.dailymail.co.uk/indiahome/in ... ister.html
In a major step towards speeding up defence deals and urgently meeting critical requirements of the armed forces, PM Narendra Modi has enhanced defence minister Manohar Parrikar's financial muscle by four times, allowing him to buy weapon systems and platforms worth Rs 2,000 crore at his own discretion.

This is a huge jump from the existing fund of Rs 500 crore that was given to the defence minister under the UPA government.

'At a recent meeting of the Cabinet Committee on Security, the Prime Minister cleared the proposal to increase the financial power of the defence minister from the existing Rs 500 crore to Rs 2,000 crore,' senior government sources told Mail Today here.

The decision is made to fast-track the speed of weapon acquisition

The decision by the Prime Minister is going to significantly fast-track the speed of weapon acquisition as many defence deals can be completed at the level of the defence ministry and there would no need to take them to the Cabinet Committee on Security, the sources said.

Till now, all the defence deals worth over Rs 1,000 crore had to be cleared at the level of the CCS which is headed by the Prime Minister and includes the unions ministers for defence, home, finance and external affairs.

The Prime minister also cleared many other proposals related to the financial decision made by his ministers as he has given the defence minister and the finance minister the power to jointly clear defence acquisitions worth up to Rs 3,000 crores.

This would mean that at least 60-70 per cent of the deals related to the defence sector would be cleared at the ministerial level, the sources said.

PM Modi has given Manohar Parrikar more discretion over defence acquisitions

So far, the two ministers could jointly clear deals worth Rs 1,000 crore but this has now been enhanced by three times, they said.

With the new arrangements in place, the Cabinet Committee on Security will only take up acquisition cases which are worth over Rs 3,000 crore, the sources said.

The new financial rules will help the defence ministry give contracts for several weapon systems, especially for tank ammunition and small arms requirements, such as rifles and small range missiles, and also help cut down the time taken for getting clearance from the Cabinet Committee on Security.

'This is going to save at least a few months in the long-lasting defence acquisition process,' the sources said.

http://www.dailymail.co.uk/indiahome/in ... ister.html
In a major step towards speeding up defence deals and urgently meeting critical requirements of the armed forces, PM Narendra Modi has enhanced defence minister Manohar Parrikar's financial muscle by four times, allowing him to buy weapon systems and platforms worth Rs 2,000 crore at his own discretion.

This is a huge jump from the existing fund of Rs 500 crore that was given to the defence minister under the UPA government.

'At a recent meeting of the Cabinet Committee on Security, the Prime Minister cleared the proposal to increase the financial power of the defence minister from the existing Rs 500 crore to Rs 2,000 crore,' senior government sources told Mail Today here.

The decision is made to fast-track the speed of weapon acquisition

The decision by the Prime Minister is going to significantly fast-track the speed of weapon acquisition as many defence deals can be completed at the level of the defence ministry and there would no need to take them to the Cabinet Committee on Security, the sources said.

Till now, all the defence deals worth over Rs 1,000 crore had to be cleared at the level of the CCS which is headed by the Prime Minister and includes the unions ministers for defence, home, finance and external affairs.

The Prime minister also cleared many other proposals related to the financial decision made by his ministers as he has given the defence minister and the finance minister the power to jointly clear defence acquisitions worth up to Rs 3,000 crores.

This would mean that at least 60-70 per cent of the deals related to the defence sector would be cleared at the ministerial level, the sources said.

PM Modi has given Manohar Parrikar more discretion over defence acquisitions

So far, the two ministers could jointly clear deals worth Rs 1,000 crore but this has now been enhanced by three times, they said.

With the new arrangements in place, the Cabinet Committee on Security will only take up acquisition cases which are worth over Rs 3,000 crore, the sources said.

The new financial rules will help the defence ministry give contracts for several weapon systems, especially for tank ammunition and small arms requirements, such as rifles and small range missiles, and also help cut down the time taken for getting clearance from the Cabinet Committee on Security.

'This is going to save at least a few months in the long-lasting defence acquisition process,' the sources said.

BIG as in due to the sudden orders for Ammunition etc ... ie a low intensity Conflict

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I knew what you were saying bro but I don't think that is on the cards, under the NDA defence spending has actually reduced as a proportion of GDP. The GoI is ,rightly, investing in the economy- that will secure India's interests far more than a similar investment into the military..

I hope they have put some checks and balances in place so that later defense ministers from the congress or coalition govts will not have a free hand to buy a 1$ item at 1000$.
Also, the decisions need to be decentralized to certain extent in terms of ammunition and spares. Meaning:
there should be a mandate to have 30% of spares or X months of ammunition at any time - and if that level falls, there should be an automated process to order and replenish the stock without having to go through lengthy processed.

http://www.dailymail.co.uk/indiahome/in ... ister.html
In a major step towards speeding up defence deals and urgently meeting critical requirements of the armed forces, PM Narendra Modi has enhanced defence minister Manohar Parrikar's financial muscle by four times, allowing him to buy weapon systems and platforms worth Rs 2,000 crore at his own discretion.

This is a huge jump from the existing fund of Rs 500 crore that was given to the defence minister under the UPA government.

'At a recent meeting of the Cabinet Committee on Security, the Prime Minister cleared the proposal to increase the financial power of the defence minister from the existing Rs 500 crore to Rs 2,000 crore,' senior government sources told Mail Today here.

The decision is made to fast-track the speed of weapon acquisition

The decision by the Prime Minister is going to significantly fast-track the speed of weapon acquisition as many defence deals can be completed at the level of the defence ministry and there would no need to take them to the Cabinet Committee on Security, the sources said.

Till now, all the defence deals worth over Rs 1,000 crore had to be cleared at the level of the CCS which is headed by the Prime Minister and includes the unions ministers for defence, home, finance and external affairs.

The Prime minister also cleared many other proposals related to the financial decision made by his ministers as he has given the defence minister and the finance minister the power to jointly clear defence acquisitions worth up to Rs 3,000 crores.

This would mean that at least 60-70 per cent of the deals related to the defence sector would be cleared at the ministerial level, the sources said.

PM Modi has given Manohar Parrikar more discretion over defence acquisitions

So far, the two ministers could jointly clear deals worth Rs 1,000 crore but this has now been enhanced by three times, they said.

With the new arrangements in place, the Cabinet Committee on Security will only take up acquisition cases which are worth over Rs 3,000 crore, the sources said.

The new financial rules will help the defence ministry give contracts for several weapon systems, especially for tank ammunition and small arms requirements, such as rifles and small range missiles, and also help cut down the time taken for getting clearance from the Cabinet Committee on Security.

'This is going to save at least a few months in the long-lasting defence acquisition process,' the sources said.

I hope they have put some checks and balances in place so that later defense ministers from the congress or coalition govts will not have a free hand to buy a 1$ item at 1000$.
Also, the decisions need to be decentralized to certain extent in terms of ammunition and spares. Meaning:
there should be a mandate to have 30% of spares or X months of ammunition at any time - and if that level falls, there should be an automated process to order and replenish the stock without having to go through lengthy processed.

Now the MOD will be able to fill up the war chest easily. Also the purchase of bullet proof vests and ballistic helmets should speed up.

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The issue will still remain that the IA is unable to come up with realistic and pragmatic staff requirements, they keep moving the goal posts, asking for next generation equipment and then scrapping open tenders out of the blue whilst the majority of their force runs around in circa 1914 ear gear.

The IA already had discretionary powers that could have cleared the helmet/plate carriers years back but it was their inability to select a product they found suitable that lead to this delay.

Unless the IA's procurement system is massively overhauled there will remain a serious issue in the personal equipment issued to soldiers, the new powers given to the DM and DM/FM will only be helpful for the big ticket capital procurements.

There will be accountability obviously through auditing, the CAG will still scruntinise every ruppee spent.

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CAG only audits the expenditure and revenues of the govt. There is no system in place to check the ongoing transactions by the govt. Now it should be ok if the power is with MP or AJ but supposedly if the next DM is someone from the collation then we can only imagine what will happen next.